HOUSTON/ NEW YORK, May 20- For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry.» Read More
RIYADH, Nov 1- At least 23 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that brought down an industrial building and set fire to nearby vehicles.
*China's central bank conducts large net fund injection. U.S. stocks were trading higher and China's stock markets rose after official and private China manufacturing surveys for October suggested China's economy is finally regaining traction.
*Dow up 0.9 pct, S&P 500 up 0.9 pct, Nasdaq up 1.2 pct. NEW YORK, Nov 1- U.S. stocks shot higher on Thursday, boosted by bullish job market and consumer confidence data as trading continued to return to normal following storm Sandy's devastating sweep through the U.S.
LONDON, Nov 1- Gold prices eased a touch on Thursday as the dollar firmed, but moves were muted as investors remained focused on U.S. employment data due on Friday for clues on monetary policy. Spot gold was down 0.2 percent at $1,716.45 at 1643 GMT, while U.S. gold futures for December were down $2.29 an ounce at $1,716.20.
Nov 1- New York power company Consolidated Edison Inc said Thursday the vast majority of its New York City and Westchester County, New York, customers will have power back by the weekend of Nov. 10-11, following the destruction by Hurricane Sandy. The company said it expects to restore power in lower- and mid- Manhattan by Saturday, Nov. 3.
Nov 1- Public Service Enterprise Group Inc, the biggest utility in New Jersey, said superstorm Sandy had caused severe damage to its infrastructure and it expected its losses to be material. Towns along the New Jersey shore took much of the brunt of Sandy, which barreled through the U.S.
NEW YORK, Nov 1- When the National Hurricane Center declared Sandy a ``post-tropical storm'' just before it made landfall, a lot of homeowners a c ross New Jersey, New York, Connecticut and Maryland may have saved a lot of money.
NEW YORK, Nov 1- Huge logistical problems from power failures and navigational hazards roiled the massive New York Harbor oil hub in the wake of Hurricane Sandy on Thursday, threatening widespread delays in fuel deliveries off the New York Mercantile Exchange's futures contracts.
LONDON, Nov 1- Copper rose on Thursday, helped by data that showed a glimmer of renewed vigour in big metals consumer China, other Asian economies and the United States, but gains were tempered by concerns about demand and Europe's grinding debt crisis.
Nov 1- Snow and rain and cooler temperatures helped ease suffering in drought-stricken areas of the United States over the last week, though some areas saw conditions grow worse, according to a climatology report issued Thursday.
NEW YORK, Nov 1- U.S. money markets showed signs of returning to normal on Thursday after a devastating storm disrupted major markets earlier this week and caused Wall Street firms, U.S. banks and companies to scramble for cash.
Nov 1- Hillshire Brands Co reported a first-quarter net profit on Thursday that beat Wall Street estimates by a wide margin, but the packaged meat company stood by its full-year outlook. Hillshire Brands therefore still expects fiscal 2013 earnings of $1.40 per share to $1.55 per share.
Nov 1- Refiner Marathon Petroleum Corp expects U.S. distillate demand to rise by 3.7 percent in 2013-- including exports-- and the company aims to increase distillate yields at its Louisiana refinery to reap the benefits, Chief Executive Gary Heminger told analysts on Thursday.
JOHANNESBURG, Nov 1- South Africa's unemployment rate rose in the third quarter, with more than one in four out of work and unrest in the mining sector expected to drive that number higher still.
SAN FRANCISCO, Nov 1- Apple Inc's iPad mini uses a display from South Korea's Samsung Electronics Co Ltd, one of Apple's major suppliers and also its fiercest rival in the global mobile-device market that the two companies dominate.
Nov 1- Engineering company Foster Wheeler AG is moving its corporate headquarters for the second time in three years, this time from Geneva to a city just outside London. According to a letter amending the contract of Chief Executive Kent Masters, the date of the company's headquarters move from Switzerland to Reading, England, is March 1, 2013.
NEW YORK/ LONDON, Nov 1- Arabica coffee futures dropped to the lowest level in more than four months on Thursday, on pressure from the firm U.S. dollar and as chart-based selling was triggered below the previous low, while robusta coffee was firm, sitting just above a six-month low.
LONDON, Nov 1- German government bonds were steady on Thursday, as uncertainty over the outcome of the presidential election in the United States limited the impact of better-than-expected economic data. In Europe, worries over Greece's efforts to seal a deal to draw more money from its bailout were keeping safe haven assets such as Bunds in demand.
*Costco, Nordstrom, Rite Aid say storm may affect November sales. Costco Wholesale Corp, Nordstrom Inc and Rite Aid Corp all said on Thursday that November sales would suffer because of store closures due to Sandy, one of the largest storms to hit the United States. Costco, however, said the effects would be minimal.
NEW YORK, Nov 1- U.S. stocks added to gains on Thursday, with major indexes up more than 1 percent, after bullish jobs and consumer confidence data lifted sentiment. The Dow Jones industrial average was up 134.59 points, or 1.03 percent, at 13,231.05. The Nasdaq Composite Index was up 41.83 points, or 1.41 percent, at 3,019.07.